These events will provide technologies and inspiring case studies for attendees to understand market dynamics from multiple dimensions, explore opportunities for collaborations and expand networks to facilitate development.

China has quickly become the world’s second largest national economy, and labor costs have risen sharply.

It is no longer a low-wage cost country – all kinds of cost pressures force businesses to opt for more automation equipment and advanced technology in the production processes.

As China is still a developing country, it has not yet fulfilled the necessary conditions for industrial 4.0, says chairman of Adsale Exhibition Services Stanley Chu.

“Only a few companies are making use of networking production technologies,” he says.

“Industry 4.0 is still a vision for many Chinese companies, but an attainable one, and attainable in the foreseeable future, if it is desired that something be done to cope with cost pressures.”

The 2nd Industry 4.0 Conference, presented with the support from VDMA, will provide practical and operational solutions for enterprises targeting urgent manufacturing upgrade.

Industry 4.0 will eventually move towards the direction of customized, small batch production, which are also the characteristics of additive manufacturing (three dimensional printing) technology for developing more personalized products.